GigaCoin
Sr. Member
 Offline
Activity: 308
Merit: 251
Giga
|
 |
December 18, 2013, 10:06:55 PM |
|
The graph is actually quite accurate.
Except in EVERY bitcoin bubble so far, the after-bubble price has been much higher than the incoming price.
In other words, the grey "mean" line at the bottom should be sloping much steeper upwards.
Exactly what I was about to say, I was here in April and the chart looked exactly the same, but the mean line wasnt all the way down. |
|
|
|
|
|
|
|
|
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
Hunterbunter
|
|
December 18, 2013, 11:07:51 PM |
|
Yeah it's still such a new market, and more and more people are becoming convinced of bitcoins true, combined with a very small percentage of total coins actually on the market at any one time, mean the "mean" is going to be very hard to penetrate.
|
|
|
|
|
o3u
Sr. Member
Offline
Activity: 393
Merit: 250
Money comes, money goes
|
|
December 18, 2013, 11:36:01 PM |
|
I've found an up to date depiction of the bubble  source: http://coinmarketcap.com/Glad i went all in to dogecoin last week. Much profit wow |
|
|
|
|
|
evolve
|
|
December 19, 2013, 01:05:34 AM |
|
Naaaaaaah  thereisnobubble.jpeg |
|
|
|
|
|
Roccker
|
|
December 19, 2013, 01:17:04 AM |
|
Yeah, this is the daily picture, but just because the last day endet at 600 - but it was down to 380 in the middle of this day -> so this would be a lot lower on the graph. |
|
|
|
trumbadera
Member
Offline
Activity: 113
Merit: 10
|
|
December 19, 2013, 01:20:14 AM |
|
The fit is nice so far, but shouldnt next data have to be uncertain (otherwise it would be too easy to make pofits by everyone if we know tommorow price)
|
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
|
December 19, 2013, 01:22:43 AM |
|
Don't worry I'm hodling my fiat  one can only hodl crypto. no hodling around with fiat, dude. |
|
|
|
|
|
MonadTran
|
|
December 19, 2013, 01:33:07 AM |
|
I like this one. It clearly shows that Bitcoin is going to drop to below zero values, in the near future. Not only would it be worthless, but people would actually be paying money to get rid of their bitcoins. Maybe I should open a bitcoin disposal service, or something. |
|
|
|
|
|
evolve
|
|
December 19, 2013, 01:38:08 AM |
|
yeah, thats exactly what that chart shows  |
|
|
|
|
|
|
|
evolve
|
|
December 19, 2013, 02:47:27 AM |
|
That fucking doge meme is one of the most stupid things to come from the internet. Its right up there with "rage comics" or whatever the hell that 4chan abortion is called.
|
|
|
|
|
Demator027
Newbie
Offline
Activity: 20
Merit: 0
|
|
December 19, 2013, 02:57:17 AM |
|
That fucking doge meme is one of the most stupid things to come from the internet. Its right up there with "rage comics" or whatever the hell that 4chan abortion is called.
Yeah, I said the same thing when I heard about it, And when other people show me it I still go "Ugh", But for some reason its addictive, I don't know why. Anyways, Isn't like Justin Bieber a worse thing to come out of the internet? He started on Youtube. |
|
|
|
|
|
e521
|
|
December 19, 2013, 02:58:12 AM
Last edit: December 19, 2013, 03:37:36 AM by e521 |
|
 This is from first of January, log scale, do you feel any better? |
|
|
|
|
HeliKopterBen
|
|
December 19, 2013, 03:36:52 AM |
|
This chart may be relevant in a decade or three.
|
Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
|
|
|
|
GeniuSxBoY
|
|
December 19, 2013, 04:21:33 AM |
|
You can't see that the chart is reusable for any major bubble?
This chart will be relevant for all bubbles.
It's happened 4 times now at different magnitudes.
|
Be humble!
|
|
|
|
TERA
|
|
December 19, 2013, 04:24:58 AM |
|
I think we're still in this "return to normal" phase now because everyone is still following the movements of btcchina while forgetting and denying to themselves that is a sinking ship. Every recovery is led by btcchina still.
|
|
|
|
|
|
GeniuSxBoY
|
|
December 19, 2013, 04:39:39 AM |
|
Yes, without a doubt it's going to go down again.
|
Be humble!
|
|
|
nanobrain
Legendary
Offline
Activity: 1008
Merit: 1000
Dumb broad
|
|
December 19, 2013, 04:45:10 AM |
|
What goat said.
Every rise/fall/correction this chart gets pulled out... of course it looks accurate but it has no time scale...you can zoom in/out pretty much any stock and get it to fit into this pattern...that's because crowds follow the same patterns, which is essentially Elliot wave theory - when any stock rises suddenly it tends to fall in this pattern.
Just hodl and enjoy your holidays.
|
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
|
December 19, 2013, 08:58:06 AM |
|
you guys are looking at the wrong chart... btc needs to be in log scale... we are just to the point of "take of" on log scale...
we have years and years to go....
Exaclty, that's why im holding on more than 80% of my BTC and still spend some whatever the fiat ratio is.. Log chart = more realistic Interesting years are to come.. the past years were just an introduction... |
|
|
|
|
DoomDumas
Legendary
Offline
Activity: 1002
Merit: 1000
Bitcoin
|
|
December 19, 2013, 09:02:16 AM |
|
This is from first of January, log scale, do you feel any better? THIS +1 That's why im currently buying  |
|
|
|
|
|
